Stellantis Paid Some Employees To Voluntary Quit Amid Shift to EVs

Stellantis has reportedly offered purchases to some of its employees in the US, CNBC report. The company’s move comes in preparation for the company’s foray into the EV era, trimming and realigning its workforce in the process.

Jeep, Chrysler, and Dodge parent companies currently have 13,000 salaried jobs in the US, but not all of them are offered to quit voluntarily.

According to the report, employees who are at least 55 years of age, have worked with the company for 10 years or have served 30 years, and have a pension are eligible for the purchase. They were notified recently and have until December 5 to decide on the offer.

A spokeswoman for Stellantis confirmed the move to CNBC but did not reveal how many employees had the offer.

“As part of our transformation to become a sustainable technology mobility company and a leader in the low-emissions vehicle market, in October we offered the option to salaried US employees to voluntarily separate from the company with a lucrative package of benefits that would not otherwise be available to our employees. them,” the spokesperson told CBNC in an emailed statement.

Both Dodge and Jeep are getting deeper into electrification as part of the new Stellantis product roadmap that was revealed in February this year. The company has also invested in various fields to push into the era of electrification.

The company move reported by Stellantis is similar to what Ford announced in August, cutting 3,000 jobs in the US, Canada and India. About 2,000 salaried workers were affected, while another 1,000 were agency positions as part of Ford’s restructuring plan to make the Blue Oval more competitive in the auto market.

Meanwhile, General Motors has yet to offer a similar package to salaried employees this year, although the company has done so in recent years.

Leave a Reply